Government rolls up arms to resolve instability in supply and demand for automotive semiconductors

Government rolls up arms to resolve instability in supply and demand for automotive semiconductors

Input: 2021.03.05 11:49

[헬로티]

Establishment of’Future Car-Semiconductor Solidarity and Cooperation Council’ in which supply/demand companies and related associations participated

Discovering and supporting cooperation models between automobile-semiconductor companies

(Source: Getty Image Bank)

The government rolled up its hands to cope with the semiconductor supply and demand uncertainty.

On the 4th, the Ministry of Trade, Industry and Energy (Minister Sung Yun-mo) held an inauguration ceremony for the’Future Vehicle-Semiconductor Solidarity and Cooperation Council’ and discussed plans for cooperation between domestic automobile-semiconductor companies.

The government announced that the committee was prepared to seek measures related to the recent instability in supply and demand for global automotive semiconductors, and to discuss mid- to long-term cooperation measures to preoccupy the future vehicle and semiconductor market and stabilize the domestic supply chain.

Participating organizations of the council are automakers and demand companies including parts makers, suppliers such as fabless and foundries, and organizations such as the Automobile Research Institute and the Automobile Industry Association.

The government said that it is difficult to develop capabilities due to high international standard certification standards, business feasibility, and manufacturing difficulties. He said he would do it.

As a short-term measure, the government announced that it is in close discussion with the international community to improve the semiconductor supply and demand situation first in response to the request of the domestic automobile industry.

Since the 17th of last month, the government has been supporting rapid customs clearance for automotive semiconductor parts to prevent disruption in automobile production.

Due to the nature of the automobile industry that requires high reliability and safety, thorough performance verification of vehicle semiconductors is necessary, so the government decided to provide urgent support for the performance evaluation of existing and new semiconductors by domestic fabless, module and parts companies, and finished vehicle companies.

In addition, as the nature of the industry requires close cooperation for a long period of time between supply and demand companies, we plan to establish and operate the’future car-semiconductor solidarity and cooperation council’.

As a mid- to long-term plan, the government first announced that it would discover and support a cooperative model linking automobile companies and semiconductor companies.

In addition, in order to enhance the competitiveness of the domestic vehicle semiconductor supply chain (value chain), it plans to strengthen support for technology development, performance and certification, and promote the establishment of related infrastructure.

We actively support the self-sufficiency of semiconductors and parts for vehicles through related R&D, such as the next generation intelligent semiconductor technology development business and autonomous driving technology development innovation business.

In order to reinforce the performance evaluation and commercialization support for vehicle semiconductors so that the results of R&D can reach final mass production, the establishment of a new dedicated business that reflects the specificity of vehicle semiconductors will be promoted from 2022.

In order to alleviate the burden of time and cost required for vehicle semiconductor certification, functional safety test and evaluation and reliability certification facilities and equipment will be built.

“This global automotive semiconductor supply and demand uncertainty is due to the global semiconductor supply and demand mismatch, and it is difficult to fundamentally solve it in a short period of time.” For the sake of this, we will use this crisis as an opportunity to increase the competitiveness of future cars and semiconductors.”

The government announced that it will actively review industry opinions from today’s council, come up with specific measures, and announce it soon after consultation with related ministries.

Source